PACCAR reported its PACCAR Financial Services unit first quarter 2011 pretax income was $50.3 million versus $28.1 million earned last year. PACCAR said profit increased due to better finance margins and an improved provision for credit losses. read more

APR 19, 2011 - 11:17 am

U.S. Bancorp reported net income for the first quarter 2011 was $1,046 million, up from $669 million last year. The bank said its provision for credit losses of $755 million was $555 million less than last year. read more

APR 19, 2011 - 11:14 am

KeyCorp said first quarter net income from continuing operations of $184 million compared to a net loss of $98 million a year earlier. Key Equipment Finance first quarter net income of $24 million was up from $8 million in 2010. read more

APR 18, 2011 - 10:40 am

Bank of America said it earned $2.0 billion in the first quarter 2011 compared with $3.2 billion in the same quarter last year. The provision for credit losses was $3.8 billion, down from $9.8 billion or 61% lower than the same period a year earlier. read more

APR 15, 2011 - 10:47 am

JPMorgan Chase reported first-quarter 2011 net income of $5.6 billion, compared with net income of $3.3 billion in the first quarter of 2010. Earnings per share were $1.28, compared with $0.74 in the first quarter of 2010. read more

APR 14, 2011 - 10:44 am

Chesswood Group said pre-tax income in 2010 was $13.4 million compared to $5.2 million in 2009. Chesswood noted that its largest operating business, Pawnee Leasing, showed downward movement in its main portfolio marker of past due accounts. read more

MAR 22, 2011 - 10:52 am

De Lage Landen reported a net profit of $269 million in 2010, up from $150 million or 79% from the prior year. The company said its year-end credit portfolio increased 6% to $33.8 billion from $31.8 billion. read more

MAR 15, 2011 - 12:01 pm

Marlin Business Services reported fourth quarter and full-year 2010 net income of $1.4 million and $5.7 million, respectively up from $0.46 million and $1.0 million for the same 2009 periods. Marlin said fourth quarter 2010 lease production was $42.9 million,... read more

MAR 10, 2011 - 3:23 pm

Navistar reported 2011 first fiscal quarter earnings for its financial services segment more than doubled to $32 million as a result of significant improvement in portfolio performance. Navistar also noted increased truck production reflecting increased order activity. read more

MAR 10, 2011 - 2:49 pm